What choice means for WA State Government employees
When choice is introduced, most State Government employees will be able to choose where their employer Superannuation Guarantee (SG) contributions are invested.
If your employer contributions go to an accumulation scheme, such as a GESB West State Super or GESB Super account, you'll be eligible to choose a fund for your SG contributions.
If your employer contributions go to an accumulation scheme, such as a GESB West State Super or GESB Super account, you'll be eligible to choose a fund for your SG contributions.
If you don't make a choice, your employer super contributions will be paid into the fund chosen by your employer. GESB is the employer (or default) fund for most State Government employees.
If you are unsure of your employer's current default fund you should contact your HR Officer.
New employees of the WA State Government will also be offered their choice of fund.
Where choice doesn't apply
'Defined benefit schemes' such as Gold State Super and the Pension Scheme pay a specified benefit based on a particular level of contribution made by the member. For this reason, choice won't be available for contributions currently made to these schemes.
After choice is introduced, contributing members of Gold State Super will be able to withdraw from the scheme and direct their employer to make future SG contributions to any complying fund.
After choice is introduced, contributing members of Gold State Super will be able to withdraw from the scheme and direct their employer to make future SG contributions to any complying fund.